fbpx
Skip to content Skip to sidebar Skip to footer

Moon Mortgage Unveils Groundbreaking Trade & Borrow Product in Closed Beta

Crypto lending pioneer Moon Mortgage has launched the closed beta of its innovative Trade & Borrow product, marking a significant leap in the integration of digital assets into traditional finance. This pioneering platform enables investors to seamlessly trade crypto assets while simultaneously borrowing against them—a groundbreaking feature in the crypto lending landscape, the company said in a press statement.

The Trade & Borrow™ product introduces the world’s first crypto loan margin, empowering Moon Mortgage clients to trade as they normally would while leveraging loans against their crypto holdings. Notably, users can borrow against their assets without incurring origination fees, allowing them to exit positions at their convenience.

Aaron Nevin, Co-Founder of Moon Mortgage, stated, “Our clients can become truly crypto native for the first time and do more than ever with their digital assets.” Nevin emphasized the company’s commitment to bringing the digital finance revolution into the real world.

While institutional crypto lending services gain traction in the U.S., Moon Mortgage distinguishes itself by offering products tailored to smaller firms and retail investors. The closed beta release signifies a milestone in bridging the gap between digital assets and mainstream finance.

Tristan Marino, Co-Founder of Moon Mortgage, highlighted the uniqueness of their collateralized loans, stating, “It’s a real innovation in lending, and we’re the only ones doing it. It’s a big step for our community.”

The closed beta program will initially support Bitcoin, Ethereum, and USDC. Moon Mortgage has partnered with Anchorage Digital, a federally-chartered custodian trusted by institutional giants like Charles Schwab, ensuring the security and reliability of its offerings.

Leave a comment

About NewsFirstLine

NewsFirstLine is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020-2023}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About NewsFirstLine

NewsFirstLine is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in blockchain, crypto, Web3, fintech and technology.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us